News for 'gulf region'

Pravasi Bharatiya Divas: Engaging The Indian Diaspora Is A Must

Pravasi Bharatiya Divas: Engaging The Indian Diaspora Is A Must

Rediff.com8 Jan 2025

The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.

'Ahlan Modi' Abu Dhabi event scaled down after heavy rains in UAE

'Ahlan Modi' Abu Dhabi event scaled down after heavy rains in UAE

Rediff.com12 Feb 2024

It was earlier reported that 60,000 people had already confirmed, via a website set up to register attendees, to attend the event to be attended by only Indian-origin persons.

Kerala woman among 17 Indians onboard ship seized by Iran

Kerala woman among 17 Indians onboard ship seized by Iran

Rediff.com15 Apr 2024

The father said that he has not received any updates from the state or the Central governments regarding his daughter's current status.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

India shouldn't be concerned: Iranian envoy on China-brokered deal

India shouldn't be concerned: Iranian envoy on China-brokered deal

Rediff.com17 Mar 2023

The China-brokered deal between Iran and Saudi Arabia to revive diplomatic ties should not be a matter of concern for India as the pact would provide regional stability and would be beneficial for New Delhi's interests as well, Iranian ambassador Iraj Elahi said on Friday.

Understand Russian feeling; will acquire Canada: Trump's big remarks

Understand Russian feeling; will acquire Canada: Trump's big remarks

Rediff.com8 Jan 2025

United States President-elect Donald Trump on Tuesday said that he understands the Russian feeling with NATO (North Atlantic Treaty Organisation) being on their doorstep.

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Trust, non-aggression key for regional peace: Rajnath at SCO meet

Rediff.com4 Sep 2020

In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.

'What Is The Cost Of An MBBS Seat In The NRI Quota?'

'What Is The Cost Of An MBBS Seat In The NRI Quota?'

Rediff.com23 Dec 2024

rediffGURU Radheshyam Zanwar counsels students about how to pursue a career in science, medicine and technology.

Large presence of Chinese vessels in Indian Ocean region: Navy chief

Large presence of Chinese vessels in Indian Ocean region: Navy chief

Rediff.com29 Apr 2023

During an interaction at a conclave in New Delhi, he also said that the Indian Navy is seized of the docking of various PLA Navy ships at ports in Pakistan, and it is 'keeping a watch on it'.

A yr of Israel-Hamas war: Trade with W Asia holds steady

A yr of Israel-Hamas war: Trade with W Asia holds steady

Rediff.com14 Oct 2024

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.

Jet Airways asks junior pilots to take 30% pay cut

Jet Airways asks junior pilots to take 30% pay cut

Rediff.com20 Jul 2017

The airline in a statement attributed the decision to slash salaries to developments in the market, including the Gulf region.

MTR owner eyes IPO in 2025

MTR owner eyes IPO in 2025

Rediff.com23 Sep 2024

The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. "The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, 'okay, let's go ahead and explore capital markets'," Sanjay Sharma, CEO, Orkla India, told Business Standard.

No dispute with neighbours, but shared future with BRI, says China

No dispute with neighbours, but shared future with BRI, says China

Rediff.com4 Mar 2024

Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.

PFI has established network in Gulf nations to raise funds: ED

PFI has established network in Gulf nations to raise funds: ED

Rediff.com21 Nov 2022

The Popular Front of India (PFI), banned recently by the government for alleged terrorist links and spreading communal hatred, has a "well-structured and organised" presence in the Gulf countries for raising and mobilising funds, the Enforcement Directorate said on Monday after a local court took cognisance of its latest charge sheet filed against three PFI office-bearers.

Which Country Sent Most Tourists To India?

Which Country Sent Most Tourists To India?

Rediff.com21 Dec 2023

Bangladesh was the largest source of foreign tourists, accounting for 21.4 per cent of all arrivals.

The Sheikhs are eyeing India's regional airspace

The Sheikhs are eyeing India's regional airspace

Rediff.com24 Oct 2016

Major global airlines, including Gulf carriers, are keen to invest in this space.

Minorities account for bulk of India's emigrant population

Minorities account for bulk of India's emigrant population

Rediff.com21 Aug 2024

'Christians, for example, make up 2 per cent of India's population but an estimated 16 per cent of those who were born in India now reside elsewhere,' said Pew.

Gulf migrant workers will be biggest victims of oil shock

Gulf migrant workers will be biggest victims of oil shock

Rediff.com23 Mar 2016

Saudi Arabia relies more heavily on migrant labour than any other large country.

Modi thanks Qatari Emir for release of Navy veterans

Modi thanks Qatari Emir for release of Navy veterans

Rediff.com16 Feb 2024

Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.

What Nupur Sharma May Cost India

What Nupur Sharma May Cost India

Rediff.com10 Jun 2022

India's trade with the Gulf-Arab region stands at $180 billion. India needs the Gulf region more in terms of trade, investments and employment than the other way round. When it comes to faith, the Gulf-Arab nations have not been found wanting at any point in time, points out N Sathiya Moorthy.

Why Securing Gateway of Tears Is Critical For India

Why Securing Gateway of Tears Is Critical For India

Rediff.com5 Jan 2024

The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.

Modi to visit Qatar in June, first visit by Indian PM in 8 years

Modi to visit Qatar in June, first visit by Indian PM in 8 years

Rediff.com20 May 2016

The then prime minister Manmohan Singh had visited Doha in 2008.

Abu Dhabi Hindu temple built in same style as Ayodhya Ram temple

Abu Dhabi Hindu temple built in same style as Ayodhya Ram temple

Rediff.com14 Feb 2024

Prime Minister Narendra Modi on Wednesday inaugurated Abu Dhabi's first Hindu stone temple amid devotional chants and in the presence of spiritual leaders of the Swaminarayan sect.

India pitches for more info sharing on int'l payments

India pitches for more info sharing on int'l payments

Rediff.com11 Sep 2024

India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.

Indian Navy responds to hijacking incident in Arabian Sea

Indian Navy responds to hijacking incident in Arabian Sea

Rediff.com16 Dec 2023

The Indian Navy has swiftly responded to a call for help following a hijacking incident involving a Malta-flagged cargo vessel with 18 crew on board in the Arabian Sea, officials said on Saturday.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Incredible India: 10 Amazing Train Journeys

Incredible India: 10 Amazing Train Journeys

Rediff.com27 Sep 2024

Discover our country through great Indian rail trips!

India's Persian Gulf diplomacy is on a roll

India's Persian Gulf diplomacy is on a roll

Rediff.com7 Apr 2016

If things work out, it will be a great leap forward in the Indian-Iranian economic ties in the new phase of Iran's reintegration with the world market following the lifting of sanctions, says Ambassador M K Bhadrakumar.

Jaishankar to meet Iranian FM on Wednesday amid Prophet remark row

Jaishankar to meet Iranian FM on Wednesday amid Prophet remark row

Rediff.com8 Jun 2022

It is the first visit to India by a senior minister of a member nation of the Organisation of Islamic Cooperation after the controversial remarks triggered anguish in the Arab world.

Indian Navy thwarts pirate attack in Gulf of Aden

Indian Navy thwarts pirate attack in Gulf of Aden

Rediff.com6 Oct 2017

All 26 Indian crew on board the Indian ship were safe.

Philippines in talks with India to procure advanced light helicopters

Philippines in talks with India to procure advanced light helicopters

Rediff.com17 Jul 2022

The Southeast Asian nation has been focusing on modernising its military in the face of myriad security challenges as well as decades-long territorial disputes with China in the South China Sea.

The gathering Gulf storm

The gathering Gulf storm

Rediff.com27 Dec 2006

What is unfolding in the Gulf and the Middle East is nothing short of a remaking of that region in geopolitical terms. The Iran nuclear issue is a mere smokescreen.

Air India sees rise in revenue from Gulf

Air India sees rise in revenue from Gulf

Rediff.com23 Mar 2010

Air India has recorded 19.5 per cent rise in sales revenue in the Gulf-India route in the past three months, a senior official of the Indian national carrier said.

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Tension escalates as Iran seizes Israel-linked ship near Strait of Hormuz

Rediff.com13 Apr 2024

The MSC Aries was last seen on Friday, sailing towards the Strait of Hormuz off the coast of Dubai, according to The Times of Israel.

Indian Navy rescues 23 Pakistanis from hijacked vessel

Indian Navy rescues 23 Pakistanis from hijacked vessel

Rediff.com30 Mar 2024

"After more than 12 hours of intense coercive tactical measures as per the SOPs, the pirates on board the hijacked fishing vessel were forced to surrender. The crew, comprising 23 Pakistani nationals, have been safely rescued," the Indian Navy added.

Fragile security in South China Sea threat to good order at sea: Navy chief

Fragile security in South China Sea threat to good order at sea: Navy chief

Rediff.com15 Nov 2023

There have been growing global concerns over China's sweeping claims of sovereignty over all of the South China Sea, a huge source of hydrocarbons.

Stay united, fight terror: Trump to Gulf states

Stay united, fight terror: Trump to Gulf states

Rediff.com7 Jun 2017

US President Donald Trump spoke with Saudi Arabia's King Salman amid the Arab world's biggest diplomatic crisis in years over Qatar's alleged support to extremists, reports Lalit K Jha.